Hi,
I just wondered what people were paying for an accountants reference for mortgage applications. Last time I bought a property (2015), my accountant charged me £50+vat, just in the process of purchasing again and it's gone up to £125 or 0.1% of the purchase price (plus VAT), whichever is higher.
I can understand a small increase due to a couple of years passing since the last purchase, but I can't understand the % of the purchase price. I haven't seen a reference, as they are requested directly from the bank, but would think it is the same whether you are buying a £50k property or a £500k one?
I just wondered what people were paying for an accountants reference for mortgage applications. Last time I bought a property (2015), my accountant charged me £50+vat, just in the process of purchasing again and it's gone up to £125 or 0.1% of the purchase price (plus VAT), whichever is higher.
I can understand a small increase due to a couple of years passing since the last purchase, but I can't understand the % of the purchase price. I haven't seen a reference, as they are requested directly from the bank, but would think it is the same whether you are buying a £50k property or a £500k one?
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